Albany International is a global advanced textiles and materials processing company with two core businesses. Machine Clothing (MC) is the world’s leading producer of custom-designed fabrics and belts essential to production in the paper, nonwovens, and other process industries. MC has a global market share of approximately 30%, compared to 15% estimated share for the next largest competitor. Albany Engineered Composites (AEC ) is a rapidly growing supplier of highly engineered composite parts for the aerospace Industry. AEC is the sole supplier of fan blades, fan cases and other advanced composite components for the CFM LEAP engine; current estimates for annual LEAP production rates are approximately 1600 engines by the end of the decade, for which AEC will deliver approximately 100,000 parts per year. Albany International is headquartered in Rochester, New Hampshire, and operates 18 plants in 11 countries (United States, Canada, Mexico, Brazil, France, United Kingdom, Germany, Italy, Sweden, China, and South Korea), employs 4,000 people worldwide, and is listed on the New York Stock Exchange (Symbol AIN).

Show more
Type
Public
HQ
Rochester, US
Founded
1895
Size (employees)
4,400 (est)
Website
albint.com
Albany International Corporation was founded in 1895 and is headquartered in Rochester, US
Report incorrect company information

Key People/Management at Albany International Corporation

Olivier Jarrault

Olivier Jarrault

President, Chief Executive Officer and Board Member

Albany International Corporation Office Locations

Albany International Corporation has offices in Rochester and Albany
Show all (2)
Report incorrect company information

Albany International Corporation Financials and Metrics

Albany International Corporation Financials

Albany International Corporation's revenue was reported to be $863.72 m in FY, 2017
USD

Revenue (Q1, 2018)

230 m

Gross profit (Q1, 2018)

81.7 m

Gross profit margin (Q1, 2018), %

35.5%

Net income (Q1, 2018)

10.5 m

EBIT (Q1, 2018)

20.8 m

Market capitalization (22-Jun-2018)

2 b

Closing share price (22-Jun-2018)

61.4

Cash (31-Mar-2018)

151.4 m

EV

2.3 b
Albany International Corporation's current market capitalization is $2 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

745.3 m709.9 m779.8 m863.7 m

Revenue growth, %

(5%)10%

Cost of goods sold

431.2 m479.3 m567.9 m

Gross profit

278.7 m300.6 m295.8 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Revenue

172.3 m178.8 m172.3 m203.2 m191.3 m199.3 m215.6 m230 m

Cost of goods sold

117.7 m103 m99.8 m124.9 m118.9 m123.4 m152.5 m148.3 m

Gross profit

54.6 m75.7 m72.5 m78.3 m72.4 m75.9 m63.1 m81.7 m

Gross profit Margin, %

32%42%42%39%38%38%29%36%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

222.7 m179.8 m185.1 m181.7 m183.7 m

Accounts Receivable

163.5 m158.2 m146.4 m171.2 m202.7 m

Inventories

112.7 m107.3 m106.4 m133.9 m136.5 m

Current Assets

522.5 m460.1 m452.1 m501.3 m543.7 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Cash

212.8 m208.4 m206.8 m195.5 m170.8 m182.5 m171.8 m169.6 m176 m196.2 m143.3 m138.8 m151.4 m

Accounts Receivable

158.8 m152.4 m148.5 m147.5 m163.4 m161 m151.9 m150.8 m176.3 m170.7 m174.3 m193.1 m248.5 m

Inventories

119 m121.4 m123.9 m121.6 m104.8 m109.6 m110.3 m110.4 m145.4 m138.7 m150.5 m151.5 m100 m

Current Assets

522.7 m507.9 m503.2 m487.4 m456.1 m476.8 m454.5 m452.7 m513.6 m522.2 m484.6 m503.4 m567.7 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

17.7 m41.7 m57.3 m52.8 m32.6 m

Depreciation and Amortization

57.2 m56.6 m53 m58.1 m61.5 m

Inventories

5.7 m(744 k)(8.3 m)(12.5 m)3.1 m

Accounts Payable

955 k640 k(6 m)2.1 m2.9 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Net Income

4.7 m10.7 m11.2 m11.8 m12.2 m(2.1 m)9.7 m13.3 m10.1 m13.4 m11 m1.2 m10.5 m

Depreciation and Amortization

14.2 m14.1 m14.3 m13.7 m13.5 m13.4 m13 m13.1 m15.1 m16.5 m14.6 m15.2 m20.9 m

Inventories

290 k(9 m)(2 m)(1.3 m)(3.1 m)(4.1 m)(3.6 m)(1.3 m)(6 m)(5.5 m)(14.9 m)1.7 m(9.2 m)

Accounts Payable

4.5 m(1.3 m)555 k(2.1 m)3.5 m(4.9 m)(3.1 m)1.6 m1.3 m(4.4 m)3.5 m(1.5 m)(2.5 m)
USDY, 2018

EV/EBIT

112.6 x

EV/CFO

-123.8 x

Financial Leverage

2.4 x
Show all financial metrics
Report incorrect company information